Shaktikanta Das expressed hope that Bankruptcy and Insolvency law would become operational by year end
New Delhi: Economic Affairs Secretary Shaktikanta Das on Tuesday expressed hope that the Bankruptcy and Insolvency law would become operational by the end of this year, leading to further ease of doing business.
“We have a definite roadmap to implement the Bankruptcy law. The Ministry of Corporate Affairs is working on it. The law ministry, the legislative department are also working on finalising the regulation. We expect therefore the entire bankruptcy and insolvency law will become operational by end of December,” he said at an Assocham event in New Delhi.
The government has already set up Insolvency and Ba…
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